LIC’s $2 billion contrarian bet: 10 stocks the DII giant bought while the market bled
- Posted on May 8, 2026
- By Business News Today
- 0 Views
- 1 min read
LIC’s $2 billion contrarian bet: 10 stocks the DII giant bought while the market bled
Life Insurance Corporation of India invested nearly $2 billion in 10 stocks during the March quarter's market fall. LIC bought shares in companies like Bajaj Finance, Bharti Airtel, TCS, and Infosys even as their prices dropped. This strategic move saw LIC increase its stake in several companies. The insurer also reduced holdings in other stocks, showing a selective approach.
